menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Managerial Economics Study Set 1
  4. Exam
    Exam 4: Demand
  5. Question
    The Shape of a Perfectly Elastic Demand Curve Is
Solved

The Shape of a Perfectly Elastic Demand Curve Is

Question 34

Question 34

Multiple Choice

The shape of a perfectly elastic demand curve is


A) horizontal,Ed = infinity.
B) horizontal,Ed = 0.
C) horizontal,Ed = -1.
D) vertical,Ed = 0.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q29: BrightLight Ltd.estimates the demand curve for its

Q30: Which ONE of the following correctly expresses

Q31: In the small town of Springfield,Duffman observes

Q32: If the demand for movie tickets is

Q33: Let Ed<sub>t</sub> = -0.5.This implies that the

Q35: At the midpoint of a linear demand

Q36: Price elasticity of demand tells us the

Q37: Goods and services for which network concerns

Q38: Always Round Tire finds the following cross

Q39: Assume that Pyrotex Inc.estimates the demand for

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines